![Mere Statements of Director which is Inculpatory in Nature can’t be Ground for Upholding Activities of Clandestine Removal: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/11/CESTAT-Taxscan.jpg "Mere Statements of Director which is Inculpatory in Nature can’t be Ground for Upholding Activities of Clandestine Removal: CESTAT [Read Order]")
Mere Statements of Director which is Inculpatory in Nature can’t be Ground for Upholding Activities of Clandestine Removal: CESTAT [Read Order]
While hearing the case of M/s S.R. Ingots Pvt. Ltd, the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) held that mere statements of the...
![Charitable Nature of Society’s Activities can’t be suspected as the same was within its objects as given in the Bye-Laws: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Charitable-Nature-Taxscan.jpg "Charitable Nature of Society’s Activities can’t be suspected as the same was within its objects as given in the Bye-Laws: ITAT [Read Order]")
![Technical Services would not include Services provided by Machines for the purpose of TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "Technical Services would not include Services provided by Machines for the purpose of TDS: ITAT [Read Order]")
Deduction available for Expenses incurred to conduct investigation as per SEBI directions as it was to protect Business Interest: ITAT [Read Order]
In the case of HDFC Trustee Company Ltd, Mumbai bench of Income Tax Appellate Tribunal (ITAT) recently held that expenses incurred according to the scheme of trust deed and Securities and Exchange...
![Deduction available for Expenses incurred to conduct investigation as per SEBI directions as it was to protect Business Interest: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/deduction.jpg "Deduction available for Expenses incurred to conduct investigation as per SEBI directions as it was to protect Business Interest: ITAT [Read Order]")
CCI imposes Penalties on Jet Airways, InterGlobe Aviation, SpiceJet for Unfair Business Practices [Read Order]
The Competition Commission of India (CCI) has imposed penalties upon 3 Airlines for Unfair Business Practices in fixing and revising Fuel Surcharge (FSC) - a component of Freight Charges. ...
Cabinet approves Commercial Courts, Commercial Division and Commercial Division of High Courts (Amendment) Bill, 2018
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Bill, 2018 for...
Penalty Proceedings without Application of Mind by Assessing Officer is Invalid: ITAT [Read Order]
The Cuttack bench of Income Tax Appellate Tribunal (ITAT) has recently ruled that penalty proceeding initiated without the application of mind by the Assessing Officer is invalid. In the present case...
![Penalty Proceedings without Application of Mind by Assessing Officer is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty Proceedings without Application of Mind by Assessing Officer is Invalid: ITAT [Read Order]")
Date of Possession is Not Material for deciding the Period of Holding to Compute Short Term or Long Term Capital Gain: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) has ruled that date of possession is not material fact for deciding the period of holding to Compute Short Term or Long Term Capital Gain....
![Date of Possession is Not Material for deciding the Period of Holding to Compute Short Term or Long Term Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Capital-Gain-Tax-Taxscan.jpg "Date of Possession is Not Material for deciding the Period of Holding to Compute Short Term or Long Term Capital Gain: ITAT [Read Order]")